For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Axis Bank for its Sindhnur, Karnataka branch in Raichur, Sindhnur, Karnataka, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Axis Bank located in Raichur or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code UTIB0000619. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Axis Bank, Sindhnur, Karnataka, Raichur
Below in the table are the key details related to IFSC Code UTIB0000619 of Axis Bank for its branch located in Raichur, within the district of Sindhnur in the state of Karnataka.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0000619 |
| Branch | Sindhnur, Karnataka |
| City | Raichur |
| District | Sindhnur |
| State | Karnataka |
| Address | No. 6-1--2400-2 And 9, Ward 14, Venkatesh Nagar, Opp State Bank Of Mysore, Gangavathi Road, Sindhnur, 584 128, Dist. Raichur, Karnataka |
These details are crucial, not just for online banking users but also for businesses and individuals who use Axis Bank in Raichur for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0000619 for the Sindhnur, Karnataka branch of Axis Bank has an important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like UTIB0000619 is given to every bank branch, including Axis Bank located in Sindhnur, Karnataka, Raichur, Karnataka, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Axis Bank branch in Raichur.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Raichur and Sindhnur.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Karnataka and the rest of India, which is why the IFSC Code ensures that transactions meant for Axis Bank in Sindhnur, Karnataka doesn't end up at another location.
Format of the IFSC Code UTIB0000619
The format of the IFSC Code for banks, including Axis Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Axis Bank, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Sindhnur, Karnataka in Raichur.
For example, the IFSC Code UTIB0000619 of Axis Bank for the Sindhnur, Karnataka branch includes these elements, identifying the bank and the branch location in Raichur and Karnataka accurately.
How to Find IFSC Code for Axis Bank?
If you are looking for the IFSC Code UTIB0000619 of Axis Bank for its Sindhnur, Karnataka branch located in Raichur, the following methods can help:
Cheque Book
The cheque book that is issued by Axis Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Axis Bank branches in Raichur and Sindhnur, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Axis Bank and look for the branch locator section, then search for Sindhnur, Karnataka or Raichur to get the exact IFSC Code UTIB0000619.
Mobile Banking App
If you use Axis Bank's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Axis Bank and Raichur, then it will provide you proper information.
How to Use IFSC Code UTIB0000619 for Online Transfers?
Once you have the IFSC Code UTIB0000619 for the Sindhnur, Karnataka branch of Axis Bank in Raichur, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code UTIB0000619. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. Requires the recipient's account details and Axis Bank IFSC Code UTIB0000619.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Sindhnur, Karnataka in Raichur, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Axis Bank in Sindhnur, Karnataka, here are some of the ways you can get it:
- Check the bottom of your cheque leaf.
- Refer to the first page of your passbook.
- Visit the official Axis Bank website.
- Search the RBI portal.
Knowing both IFSC and MICR code can help account holders in Raichur manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code of the Sindhnur, Karnataka Raichur branch is UTIB0000619.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at No. 6-1--2400-2 And 9, Ward 14, Venkatesh Nagar, Opp State Bank Of Mysore, Gangavathi Road, Sindhnur, 584 128, Dist. Raichur, Karnataka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.